Matthew J Murphy, a director of eBay Inc., recently acquired 4,873 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on June 15, 2021. Murphy now owns 17,745 shares of the company. Murphy operates out of San Jose, CA. Some additional info was provided as follows:
Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
In connection with the reporting person's service as a non-employee director of the Issuer, such reporting person has been granted restricted stock units. The number of restricted stock units granted represents the quotient of (A) $250,000 divided by (B) the Issuer's closing stock price on the date of grant, roun ded up to the nearest whole restricted stock unit. 100% of the restricted stock units vest on the earlier of: (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's first annual meeting of stockholders that occurs after the date of grant, provided that the reporting person continues to provide service to the Issuer through such date.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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